Amazon threatens to move jobs out of Seattle over new tax

the Guardian—Warning issued after council votes for corporate wealth tax to help tackle city’s housing crisis
Amazon has threatened to move jobs out of its hometown of Seattle after the city council introduced a new tax to try and address the homelessness crisis.
Related: 'Tax Amazon': Seattle passes plan for corporate wealth tax to fund housing Continue reading...

Seattle's 'Amazon Tax': New at Reason. Seattle's City Council passed a new tax Monday. It will charge big companies $275 for every employee.
The "head" tax is supposed to fund housing for the homeless. Supporters of the tax chanted "Housing is a human right!" at a protest lead by Councilwoman Ksharma Sawant, a member of the Socialist Alternative party.
Seattle homelessness has doubled in the last 8 years. Politicians blame a shortage of "affordable" housing, but John Stossel says that the politicians' own bad policies helped create...

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The Seattle city council approved a new tax on large employers Monday, drawing the ire of the city’s business juggernauts Starbucks and Amazon.
The post Seattle’s ‘Tax on Jobs’ Draws Outrage From Amazon, Starbucks appeared first on Washington Free Beacon.

Seattle’s City Council recently approved a measure to impose new taxes on the city’s largest employers. Under the new law, companies earning more than $20 million in annual revenue would be required to pay $275 per employee each year. Amazon’s share alone could bring in more than $10 million annually with its 40,000 employees. All told, the new plan — which was approved with a 9-0 vote — could inject $50 million annually into the city’s economy. In a separate vote yesterday, the council approved...